White House economic adviser Kevin Hassett speaks next to U.S. President Donald Trump in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. Leah Millis | Reuters President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Federal Reserve chair, according to respondents to a…
Hello, I am Ayushi Jindal, producer of CNBC’s TV namesake of this newsletter, writing from Singapore. This week I look at how India’s proposed Goods and Services Tax overhaul will boost consumption and what young consumers feel about it. Enjoy! Shoppers at the DLF Promenade mall in New Delhi, India, on Oct. 21, 2023. As…
LOS ANGELES — After serving nearly 30 years in prison for killing their parents, the Menendez brothers will plead their case in front of a panel of California state parole board commissioners starting Thursday. Erik and Lyle Menendez were sentenced in 1996 to life in prison for fatally shooting their father, Jose Menendez, and mother,…
Lionel Messi will miss out on an anticipated clash against one of Mexico’s biggest clubs. The Inter Miami superstar won’t play in Wednesday’s Leagues Cup quarterfinal match against Tigres UANL due to a “minor” muscle injury, according to ESPN. Messi picked up the injury back on Aug. 2 against Necaxa in the tournament that features…
Companies that stock up on cryptocurrency as treasury assets became central players in the crypto market earlier this summer as investors chased returns during a bitcoin price slump . However, the rally for shares of certain names in the space has cooled dramatically in August. A catalyst awaits in the form of the Federal Reserve’s…
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images In Tokyo’s Shibuya district, towering skyscrapers and luxury condominiums symbolize Japan’s urban real estate frenzy — with prices surging in recent years. In 2024, the average price of new condos in the 23…
PROVIDENCE, R.I. — Frank Caprio, a retired municipal judge in Rhode Island who found online fame as a caring jurist and host of “ Caught in Providence,” has died. He was 88. His official social media accounts said Wednesday that he “passed away peacefully” after “a long and courageous battle with pancreatic cancer.” Caprio billed…
Every great NFL defense seems to have a top-tier pass rusher wreaking havoc on the field, but which ones are the very best? We polled our FOX Sports NFL writers to answer that question, with each ranking the top 10 pass rushers in the league entering the 2025 season. The top two vote-getters are the…
Twenty-two years ago, Michael Fiddelke was a finance intern at Target. Now, he’s set to become the company’s next CEO. Fiddelke, currently Target’s chief operating officer, will take over the top position and join the board of directors on February 1, 2026, the company announced on Wednesday. He’ll replace Brian Cornell, who’s run the retailer…
The Federal Reserve is expected to lower interest rates in September for the first time since December, at a time when the stock market has rallied to consecutive record highs. Here’s what tends to happen to stocks in this unique backdrop. The fed funds futures market is indicating an 87% chance for a quarter-point rate…
